Tag: union budget 2023

India’s Budget to sustain demand for corporates: Fitch Ratings

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India’s Budget to sustain demand for corporates: Fitch Ratings

Finance Minister Nirmala Sitharaman holding the Budget Papers on February 01, 2023. | Photo Credit: The Hindu The higher spending, tax cuts and supportive policies announced in India’s Budget for 2023-24 are expected to support sustained demand growth and improve the longer-term prospects for corporates, said Fitch Ratings. “We believe the tax cuts will boost…

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Explained | Why have mangroves got a Budget push?

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Explained | Why have mangroves got a Budget push?

Mangroves are salt-tolerant plant communities found in tropical and subtropical intertidal regions. File | Photo Credit: The Hindu The story so far: The Union Budget for 2023-24 announced an initiative for mangrove plantation along the coastline and on salt pan lands, under MISHTI (Mangrove Initiative for Shoreline Habitats & Tangible Incomes). How do mangroves help? Mangroves…

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BJP MPs seek clarity on tax regime, cut in MGNREGS allocation

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BJP MPs seek clarity on tax regime, cut in MGNREGS allocation

Union Finance Minister Nirmala Sitharaman leaves after briefing the Bharatiya Janata Party (BJP) MPs on the Union Budget 2023-24, at Parliament House, in New Delhi on Friday. | Photo Credit: ANI BJP MPs on Friday interacted with Union Finance Minister Nirmala Sitharaman on the merits and demerits of the new and old income tax regimes…

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Budget 2023 | SKM, activists criticise allocations to agriculture, food security

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Budget 2023 | SKM, activists criticise allocations to agriculture, food security

Midday Meal workers burn copies of Union Budget 2023-24 during their protest, in Kolkata, Thursday, Feb. 2, 2023. | Photo Credit: PTI The Samyukt Kisan Morcha (SKM), the umbrella organisation of more than 300 farmers’ outfits and the Right to Food Campaign, a platform for activists working on food and nutritional security, termed the Budget…

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Accelerator fund will drive agriculture towards innovation, optimisation of resources

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Accelerator fund will drive agriculture towards innovation, optimisation of resources

An Agriculture Accelerator Fund will be set up to encourage agri-startups by young entrepreneurs in rural areas, said Finance Minister Nirmala Sitharaman, during the presentation of the Union budget 2023-24. The fund will aim at bringing innovative and affordable solutions for challenges faced by farmers. It will also bring in modern technologies to transform agricultural…

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Pollticks: Jobs get highest mention in last Budget before elections

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Pollticks: Jobs get highest mention in last Budget before elections

Illustration: Satheesh Vellinezhi With the global economy adrift, Finance Minister Nirmala Sitharaman sought to carve out an ark for India in her fifth Union Budget by trying to nudge domestic consumption and reluctant private investments upwards, while also seeking to create a feel-good factor among specific segments of voters as the government gears up for…

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Yogi Adityanath hails Budget, says it will fulfil aspirations of all sections of society

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Yogi Adityanath hails Budget, says it will fulfil aspirations of all sections of society

Uttar Pradesh Chief Minister Yogi Adityanath. File | Photo Credit: PTI The Union Budget on Wednesday evoked mixed reactions in Uttar Pradesh. Chief Minister Yogi Adityanath hailed the Budget and described it as a Budget for ‘New India’ which aims to serve 130 crore people of the country. The Opposition parties criticised the Budget and…

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Budget 2023 | Changes in allocation for key schemes including MGNREGS, PM-Kisan, Ayushman Bharat

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Budget 2023 | Changes in allocation for key schemes including MGNREGS, PM-Kisan, Ayushman Bharat

Finance Minister Nirmala Sitharaman on Wednesday, February 1, presented the last full budget of the Narendra Modi government before the 2024 general elections. The Minister announced a range of new initiatives, revised income tax slabs and customs duty, and sops for agriculture and energy transition. The Union Budget 2023-24 document also listed the new allocations…

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Budget 2023 | By waiving off tax on FRP, Modi govt. has given massive boost for Maharashtra’s sugarcane industry, says Fadnavis

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Budget 2023 | By waiving off tax on FRP, Modi govt. has given massive boost for Maharashtra’s sugarcane industry, says Fadnavis

Maharashtra Deputy Chief Minister Devendra Fadnavis watches the live telecast of Union Budget 2023-24 presented by Finance Minister Nirmala Sitharaman on February 01, 2023. Photo: Twitter/@Dev_Fadnavis Stating that the Budget presented by Union Finance Minister Nirmala Sitharaman would give a massive boost for Maharashtra’s sugarcane industry, Deputy Chief Minister and State Finance Minister Devendra Fadnavis…

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